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Sterling Rises After Largely Surviving U.K. Budget -- Market Talk
In the past month, foreign banks have collectively raised their expectations for China's economy, with Morgan Stanley's Xing Ziqiang saying "the first quarter exceeded expectations."
In the past month, economists from HSBC, ANZ, and Citigroup have raised their GDP forecasts for China. Xing Ziqiang believes that China's economic performance in the first quarter was "above expectations", with strong economic momentum and significant increases in investment in XINXINGCHANYE, leading the team to revise its economic growth forecast for the year upward by 0.5 percentage points.
Gilt Yields Risk Moving Higher If Inflation Persists or Global Bond Yields Increase -- Market Talk
European Equities Track Mostly Lower in Wednesday Trading; UK Inflation Slows to 2.8%
OBR Expects UK Unemployment Rate to Peak at 4.5% in 2025
U.K. Budget Could Prove Short-Term Stop Gap -- Market Talk
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